When firms are looking to grow their business and reduce their dependency on one type of product or service, they need to ...

Do products similar to your idea exist? If so, that’s a good sign. If your idea is more technical, you’ll need to do more research. And therefore, it’s not as simple of an idea. 3.

If you’re entrepreneurial, you likely have plenty of product ideas you’d like to launch. Your concern isn’t how you should go about an idea, but rather which idea to pursue. And if you’re ...

Identify the target market for your product idea and learn about their pain points. Check if there is competition and, if so, identify what’s missing in the current options. 2.

Most inventors, entrepreneurs, product developers — everyday people with ideas — are fearful and intimidated. They’re wary of approaching companies that manufacture similar products with ...

How to Submit Product Ideas to Toy Companies. Everyone dreams up wacky and off-beat ideas from time to time. Toy designers make a living selling those ideas.

Post your product idea on a crowd-funding website such as Kickstarter or PleaseFundUs to see if members of the public will back you. You don't have to offer an equity share of your future business ...

So Lambert and Lambert stayed put, and in 2010 he started Enhance Product Development, an industrial design firm in Champlin that turns invention ideas into products.

This makes product pages more transparent and interactive, as well as minimizes the time required to get the key ideas. The screenshot below shows how Oliver implements these principles on their ...